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Hawkins, Inc. Expands in Nebraska and Iowa with Acquisition of Aqua-Chem, Inc.

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Hawkins (Nasdaq: HWKN) completed the acquisition of the assets of Aqua-Chem, Inc. on April 30, 2026. Aqua-Chem supplies commercial pool chemistry, equipment and service primarily in Nebraska and Iowa. Hawkins said the tuck‑in deal supports its Water Treatment growth strategy and adds local customer relationships.

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In the May 1 session, HWKN gained 0.02%, reflecting a mild positive market reaction.

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ROSEVILLE, Minn., April 30, 2026 (GLOBE NEWSWIRE) -- Hawkins, Inc. (Nasdaq: HWKN), a leading water treatment and specialty ingredients company, has completed the acquisition of the assets of Aqua-Chem, Inc. (“Aqua-Chem”).  Aqua-Chem provides water treatment products to commercial pools including chemistry, equipment, and service mainly to Nebraska and Iowa customers.

“The acquisition of Aqua-Chem is important as we continue to execute on our Water Treatment growth strategy and we believe this tuck in acquisition will lead to more opportunities in commercial pools,” said Hawkins Chief Executive Officer, Patrick H. Hawkins. 

Mr. Hawkins continued, “Aqua-Chem has built a strong business and a loyal customer following due to its service and customer intimacy culture, and is well-connected with its local communities, similar to Hawkins.  I would like to welcome the Aqua-Chem team to the Hawkins organization and look forward to our continued growth together.”

About Hawkins, Inc.

Hawkins, Inc. was founded in 1938 and is a leading water treatment and specialty ingredients company that formulates, manufactures, distributes and blends products for its Water Treatment, Food & Health Sciences and Industrial Solutions customers. Headquartered in Roseville, Minnesota, the Company has 66 facilities in 28 states and creates value for its customers through superb customer service and support, quality products and personalized applications. Hawkins, Inc. generated $974 million of revenue in fiscal 2025 and has approximately 1,100 employees. For more information, including registering to receive email alerts, please visit www.hawkinsinc.com/investors.

Contact:               Jeffrey P. Oldenkamp    
                             Executive Vice President and Chief Financial Officer
                             612/331-6910                    
                             ir@hawkinsinc.com


FAQ

What did Hawkins (HWKN) announce about the Aqua-Chem acquisition on April 30, 2026?

Hawkins completed the asset acquisition of Aqua-Chem on April 30, 2026, adding commercial pool capabilities. According to Hawkins, Aqua-Chem supplies pool chemistry, equipment and service mainly in Nebraska and Iowa and brings local customer relationships and service expertise.

How does the Aqua-Chem purchase fit Hawkins' Water Treatment strategy (HWKN)?

The acquisition is described as a tuck‑in to support Hawkins' Water Treatment growth strategy and expand solutions. According to Hawkins, the deal is intended to create more opportunities in commercial pools through added products, equipment and service capabilities.

Which geographic markets does Hawkins (HWKN) expand into with the Aqua-Chem deal?

Hawkins gains stronger presence in Nebraska and Iowa through the Aqua-Chem asset purchase. According to Hawkins, Aqua-Chem primarily serves commercial pools in those states and brings established community connections and customer intimacy in local markets.

What business capabilities did Hawkins acquire from Aqua-Chem (HWKN)?

Hawkins acquired Aqua-Chem's commercial pool product, equipment and service assets to broaden offerings. According to Hawkins, these assets include pool chemistry, equipment and service operations focused on commercial customers in Nebraska and Iowa.

Will the Aqua-Chem team join Hawkins (HWKN) after the acquisition?

Hawkins said it welcomes the Aqua-Chem team into the Hawkins organization following the asset acquisition. According to Hawkins, Aqua-Chem's staff and local relationships are expected to integrate with Hawkins' Water Treatment operations.